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Dunno enough to know how well it'd work but I read a comment here the other day saying Canada and Mexico shouldn't retaliate with tariffs but instead opt out of their side of UMCA and just not uphold US IP laws. They could individually or together invest heavily into forming companies that provide cheaper alternatives to whatever crap US companies pull for recurring revenue. Stuff like legally mandating that phones have a local-made app store pre-installed, subsidizing or outright investing in really well made and well maintained jailbreaks, third party repairs, and third party spare parts for stuff like John Deere products, Apple produccts, Tesla products...pretty much eat the tariffs on exports to the US, don't retaliate with own tariffs so prices locally don't go up, but hurt US profits everywhere else by becoming a provider of cheaper but still reliable (probably more reliable tbh) alternatives to anything US.
I'm kinda disappointed that's not what's happening rn
Edit: USMCA, not NAFTA
Everything you described takes half a decade minimal to be put into reality. You are literally describing building a whole fricking industry. And we all know how fast you can establish industries in North America.
When a literal bully is stabbing you, you do NOT wait for half a decade to do something about that.
Instead, retaliatory tariffs are pretty much the only thing they can do instantly as a government.
We should do both. And very targeted tarrifs, not stupid broad tarrifs
Yeah, I like both option.
That's fair. If someone punches you, you punch back. You don't get beaten up in the moment in hopes that you get to jump them a week from now. The "both" option suggested below may be better but that still means it's regular everyday people getting fucked over with higher prices in CA over something they had nothing to do with (I can still sympathize with the US but one can also argue the US voted him in, Canada did not).
And on top of that, when a bully is punching you, you can't do nothing and expect them to stop punching you more. That will NEVER work for a bully, instead you have to punch them back sufficiently hard in order to immediately stop them from punching you more or do something even worse, if you could stop them at all. So an immediate retaliatory response is in fact absolutely necessary, and a retaliatory tariff is pretty much the only practical option for an immediate response.
But then again, it's entirely possible this is exactly what Trump plotted. Damn he really is an adversary to American people and everybody except himself and maybe Putin, so you really have to analyze him accordingly, what a fucked up world we are in now :(
Maybe they realize Trump is the enemy, not the rest of the US. How are they retaliating for a temporary and baseless trade war based on personal spite, with something that won’t work until after he’s gone? Why do something that affects both sides over the long term, when this could easily disappear if Trump is distracted or finds a way to yell “WIN”
If this is anything like last time, Trump just wants to put his name on a new trade treaty, regardless whether anything changes, so he can brag about being a great negotiator. His followers eat that shit up
Not trying to get into an in-depth discussion (because I know nothing) but from the outside looking in, going tit for tat and hoping the next guy's better (or that Trump doesn't make himself President for life) doesn't seem like a good long term strategy. Tariffs may be necessary (convo above) but ultimately are going to hurt the people of the issuing country the most and at a time when most are struggling already.
Trump's not the US and people in the US definitely shouldn't get punished for his crap (unless they actively voted red, abstaining...sucks but I get it tbh), but he's just proved he's willing to start a trade war with friendly nations and the US has proved it's willing to hand the country over to someone like that. Twice. Trying to find better firends (in terms of trade deals and whatnot) seems like the smart move here. Every other nation having to jump through hoops any time this guy wants to earn brownie points with his supporters doesn't seem like a good foundation for a trade agreement to me.
In reply to your edit: it's CUSMA if you want to annoy Trump :)
Love it, but CMUSA is better because alphabetical.
But also I get the feeling he'll take Mexico coming before the US personally :P